Trade Ideas for 01/13/09

Well, it sure seems like the 2009 honeymoon is over. We have a little bit of breathing room before this current downleg takes out the prior higher low from late December. So either the market starts rising from the get-go tomororw, or else we are looking at a lot of downside. Anything can happen, but time is running out.

DZZ gapped over the buy price and kept running, so it's not among our current holdings.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Additional Exit Guideline	Chart
BKS	18.17	18.26	+0.05%	17.37	N/A	Chart
CZZ	3.91	4.05	+3.6%	3.68	N/A	Chart

Just in case the market does rise, I have three long ideas for tomorrow. The ball is in the bulls' court—for now.

Trade Ideas for 01/13/09

Ticker	Entry	Exit A	Exit C	Chart
CELL (Brightpoint)	5.13	4.83	4.68	Chart
ADBE (Adobe)	24.51	23.59	23.06	Chart
WSM (Williams-Sonoma)	9.08	8.15	7.99	Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.